CVX 42 15 OCT 49 Performance
| 166756AX4 | 82.13 0.00 0.00% |
The bond shows a Beta (market volatility) of -0.0677, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 166756AX4 are expected to decrease at a much lower rate. During the bear market, 166756AX4 is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days CVX 42 15 OCT 49 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Bond's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for CVX 42 15 OCT 49 investors. ...more
166756AX4 |
166756AX4 Relative Risk vs. Return Landscape
If you would invest 8,796 in CVX 42 15 OCT 49 on August 28, 2024 and sell it today you would lose (583.00) from holding CVX 42 15 OCT 49 or give up 6.63% of portfolio value over 90 days. CVX 42 15 OCT 49 is generating negative expected returns and assumes 1.5997% volatility on return distribution over the 90 days horizon. Simply put, 14% of bonds are less volatile than 166756AX4, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
166756AX4 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 166756AX4's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as CVX 42 15 OCT 49, and traders can use it to determine the average amount a 166756AX4's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.157
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| Negative Returns | 166756AX4 |
Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 166756AX4 is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 166756AX4 by adding 166756AX4 to a well-diversified portfolio.
About 166756AX4 Performance
By analyzing 166756AX4's fundamental ratios, stakeholders can gain valuable insights into 166756AX4's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if 166756AX4 has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if 166756AX4 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| CVX 42 15 generated a negative expected return over the last 90 days |
Other Information on Investing in 166756AX4 Bond
166756AX4 financial ratios help investors to determine whether 166756AX4 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 166756AX4 with respect to the benefits of owning 166756AX4 security.